DIVIDENDS AND DIVIDEND POLICY

Get to know our dividend policy

The Corporations Law and the Company‘s Bylaws require holding an ordinary general meeting of shareholders by April 30 of every year in which, among other matters, shareholders should decide about the distribution of annual dividends. On the dividend declaration date, all shareholders have the right to receive dividends.

Company shareholders will deliberate on the proposal from their Board of Directors regarding the disposition of net profits from the previous fiscal year. For purposes of the Corporations Law, net profit for the fiscal year is defined as the total that remains after deducting accumulated losses from previous fiscal years, the sums related to income tax and social contributions and any amounts allocated for payments to employees and Administrators in connection with their statutory participation in company profits.

BRF‘s obligatory dividend must be at least 25% of the adjusted net profit in accord with the Corporations Law and the Bylaws, as determined on the basis of non-consolidated financial statements. The annual declaration of dividends, including payment of dividends beyond the obligatory minimum dividend, requires approval in an Ordinary General Meeting by a majority of BRF shareholder votes and will depend on several factors. These factors include the operating results, financial condition, cash needs and future prospects of the Company, among others that the board of directors and BRF shareholders deem relevant.

"Moreover, it is noteworthy that the company may choose to pay dividends in the form Interest on Capital (JCP)."

HISTORY OF DIVIDEND PAYMENTS

SHAREHOLDER REMUNERATION

The following table sets forth the dividends and interest on shareholders’ equity paid to holders of our common shares since 2014 on a per share basis in reais.

Year

Description

Payment Date

Amounts per Share in Reais

U.S.$ Equivalent per Share at Payment Date

2014

Interest on shareholders’ equity

August 15, 2014

0.41

0.18

2014

Interest on shareholders’ equity

February 13, 2015

0.43

0.15

2014

Dividends

February 13, 2015

0.10

0.04

2015

Interest on shareholders’ equity

August 14, 2015

0.50

0.14

2015

Interest on shareholders’ equity

February 12, 2016

0.58

0.15

2015

Dividends

February 12, 2016

0.11

0.03

2015

Dividends

April 1, 2016

0.12

0.03

2016

Interest on shareholders’ equity

August 15, 2016

0.64

0.20

The following table sets forth total dividends and interest on shareholders’ equity paid in each year presented below:

Year

Total Dividends and Interest on Shareholders’ Equity

(in millions of reais)

2014

824.3

2015

1,088.9

2016

513.2



Site Map